WINTER WEATHER ADVISORY & WINTER STORM WARNING

SATURDAY EVENING THROUGH EARLY MONDAY

The National Weather Service has issued a WINTER WEATHER ADVISORY for Ottawa, Kent, Ionia, Muskegon, Newaygo, Mecosta, and Montcalm effective from 7 pm Saturday until 6 am Monday. A strong storm will be crossing the Ohio Valley Sunday, bringing snow to West Michigan, with some areas perhaps seeing as much as 10-12" of accumulation. Snowfall will be heaviest south as opposed to north, so near/south of I-94 is where the highest accumulations are expected... 8-12" possible. However, Eaton, Ottawa, and Kent could see anywhere from 4-7". Additionally, gusty winds will be blowing the snow quite a bit, causing drifting on roads along with poor visibility. Travel is discouraged from late Saturday night through Sunday night.

The National Weather Service has issued a WINTER STORM WARNING for the following counties in West Michigan, effective from 7 pm Saturday until 4 am Monday: Allegan, Barry, Berrien, calhoun, Cass, Kalamazoo, Van Buren,  St.Joseph, Branch, and Hillsdale. A strong winter storm moving into/across the Ohio Valley will bring periods of heavy snow to the Warning area, beginning late tonight and extending through at least Sunday evening. Forecast models indicate between 8 and 12" of accumulation are possible. Additionally, strong winds will cause blowing and drifting snow. Driving conditions will be hazardous Sunday. Travel is not encouraged.

Stay with Newschannel 3 and wwmt.com for the latest updates.

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Obama: Bank system still in need of reforms

Updated: Friday, July 4 2014, 08:59 PM EDT
Obama: Bank system still in need of reforms story image
WASHINGTON (AP) - President Barack Obama says that nearly four years after Congress toughened bank regulations the financial sector is still in need of more rules. He says bank customers need to be better protected against failed risk-taking.

Obama says the changes he pushed for and signed into law in 2010 protect taxpayers from having to bail out failed banks. But he says bank traders can still make huge bonuses on high risk trades. If the bets go bad, he says, quote "everybody else is left holding the bag."

Obama made his remarks in an interview with NPR's "Marketplace" program airing Thursday.

He does not specify what changes he would recommend. Recently he has met with groups of economists to gain ideas for the remaining 30 months of his presidency.
Obama: Bank system still in need of reforms
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